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. we have david stockman acts. and suzanne somers on lala land going gaga over president obama. but next, ralph nader has had enough. he says that both partiein washington are flailing. and that is why the economy is failing. neil: the economy is stumbling. nothing seems toe happening, but ralph nad has got a plan. one day he says he will get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are no giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and billion dollars into the economy, people would spend it. they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do someing? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much
deal, 257-167. sharon chin is in the newsroom with more on what's next. sharon. >> reporter: next president obama will sign the bill. this was a lot of pressure today. if there was no agreement before a new congress takes office thursday negotiations would have had to start all over. after closed door meetings this was a vote on the fiscal cliff compromise a by partisan senate overwhelmingly passed last night. >> we have listened to the american people, we have heeded their call once again to work together in a by partisan way. >> reporter: president obama spoke minutes after the vote. one thing i think hopefully in the new year we can focus on is seeing if we can put a package like this together with less drama, a little less brinksmanship, not scare the heck out of folks quite so much. >> reporter: eric cantor voted no on the compromise. he dropped efforts to amanned the bill to add more spending cuts after failing to get enough fellow republicans to agree. >> the senate bill failed in cutting spending. >> this is unacceptable. >> reporter: the compromise makes bush era tax cuts
for president obama. republicans hope that in the next couple months when they're negotiating the debt ceiling, the other deals ahead, that's when they will get their pound of flesh. hard to see. the place this hurts the president is in his second term agenda now there's all this fiscal overhang. the president last night saying get rest, we have a lot to of work do in 2013, this overhang will make it difficult to do guns, all the things he was outlining on sunday with david gregory, now the system is full, and it will be hard to do those. >> we'll see you a bit on "morning joe". >> have a lucky 2013. >>> the markets have been keeping close tabs on the action in washington. the last-minute deal on the fiscal chief, is it enough to calm concerns on wall street and beyond around the world? the man with the answer, steve sedgwick is live with us now in london. steve? >> very good day to you. these markets had been on the back foot. we had fallen for five straight sessions before hopes for a deal. on the 31st we saw substantial gains for the dow, nasdaq and the s&p 500. the s&p had a terrific year,
-- >> it's not just him, though. this is going forward, not just obama, but the next president and the next congress. this is kind of the way -- we're kind of stuck -- mired in this -- this is the way it's working now. this is is not just about what obama's mandate or agenda might be but what is the next pred going to do when you run pen that is able to exert so much influence and just basically stop everything from working, which is what has happened and that means that the next group in the minority will also do the same thing. they've kind of demonstrated that it works. >> maybe. maybe. but there is this alternative perspective that this is a very bad alchemy of negotiating table right now. thousand the combination and -- >> i just have to interrupt. the bill just passed. dana, it's passed for sure? >> reporter: that's right. if we're looking at the screen now,as itted with some wiggle room, 223 and there are still 56 members who still haven't voted. i think that's noteworthy. but also noteworthy again is to look at the party split of how this vote is so far. republicans 76, yes; democra
. they're tallying up and doing procedural stuff. we're waiting for president obama in about the next nine minutes or so to come out and make a statement. john, we're sort of nowhere further than we were and we have three major things in front of us. number one, we hit the debt ceiling on december 31st, which means they've got maybe a month before we have another debt ceiling debacle. the problem with the debt ceiling is it's not nearly as influential as this is but it could shut the government down. >> that's correct. as absurd as this sounds, the real difficult situation will come down the line. as you know, there's no rational reason to expect that this next congress is going to be any more competent or pro active than the last one. so rational experience would indicate we're in for a lot of ugliness in the months ahead. >> they're going to be a little bit more democratic. >> in the senate in particular. republicans -- when john boehner and they were negotiating in 2011, that's a deal many fiscal conservatives rationally wish they had taken at the time. >> dan a, tell us more about
. president obama immediately left washington to rejoin his family in hawaii, but the next battle is already in view. in the next two months, congress will need to raise the debt limit to allow treasury to borrow more money and it must agree on spending cuts to reduce the deficit. >> for more analysis, we are joined by our washington correspondent. lawmakers have voted what many -- have averted what many believe would have been an economic disaster. what is the public reaction? >> i think the vast majority of americans would like to see a little bit less trauma and maybe a little more willingness to compromise on a bipartisan -- drama and maybe a little more willing this to compromise on a bipartisan basis. >> how have the democrats and republicans responded? >> the no one really likes the deal -- >> it is interesting. no one really like the deal. when you talk to republicans, they say president obama has imposed his will on us. we had to agree. this is very bad. he broke our party unity. some of the republicans passed the bill, others opposed it. it is very interesting when you talk to demo
-class tax hike that could send the company and country back into recession. >> that is president obama praising the compromise. than to the next stop was his desk. elizabeth test the latest. >> this motion is adopted. >> the sum total the we have appeared it is it that there is a path forward. if we focused not on our politics but on what is right for the country. individuals earning $400,000 or more were it households earning $450,000 per year. this also would extend this on an employment benefits. some argue that this does not go far enough. >> they failed to bring a balanced bill one that had a tax adjustment and also spending cuts. this month bills, and feels badly. >> the country could afford not afford not to pass it. >> even the many people say that this is not permanent. >> this is just a partial and it sets it up for a nother physical slowdown in just two months. >> we have a lot to do. >> there will be no time to waste when the new president's board is a sworn in. >> new york lawmakers are a great after house members without holding a vote on super storm sandy. congress, i wi
to be paying taxes for obama-care. there's an avalanche of obama tax increases coming next year. >> i just want to point out, grover norquist, though, having said all that and everything you said, you are giving cover to those republicans who will vote in favor of the senate legislation in the next hour or two? >> they're not voting for a tax increase, they're voting to save tax cuts for as many people as they can over obama's objections. >> grover norquist would be voting with the president, would be voting with debbie wasserman schultz if in fact he were a member of the house of representatives. grover, thanks very much. by the way, i want to point out that that roll call that's going on right now -- and we'll put it up on the screen and show you the roll call that's going on. this is a procedural vote on a resolution to go forward and begin the actual debate before the official roll call takes place in the next couple hours on the senate language, the senate version that passed last night overwhelmingly, but this is just a procedural vote in advance of the real vote that's coming up. i don't
democrats. the republicans will be even weaker and they are going to go into the fight with obama over the next issues over the continui
president obama's political legacy. how much do you think his legacy will be defined in the next 30 to 60 days? i've talked to a lot of folks who say this could be one of the biggest things of his second term to get through this in order to go on to something else. >> i think budget negotiations and these big fights aren't necessarily the things that make a legacy. they're not sexy in terms of -- like immigration and health care and things like that. so, you know, i think this will be important but ultimately i think those big ticket items will be much more important. but i do think what happens out of these negotiations will either build a foundation of what's to come later or destroy that foundation in terms of what he's and toubl to do going forward. >> so many folks on the hill will say it will dictamake the difference. thank you for joining me. >> wall street seems happy for now. huge numbers for the dow jones on the first trading day of the year. >> anyone from new york or new jersey who contributes one penny to the republican congressional campaign committee should have their head
. with a campaign style video sent out on obama-biden letterhead. even though the nonpartisan congressional budget office says the fiscal cliff deal will add $4 trillion to the national debt over the next ten years. >> any agreement we reach this week will redouse the deficit even more. asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. >> comparing this deal to a scenario where all the tax cuts expire. >> the failure to step up and do a big thing, he could have brought leadership to the table. he didn't. now he wants to talk about cutting, spending. it's a joke. >> the president notes he tried to get a big deal with speaker john boehner. that would have had 1.2 trillion in cuts. the republican walked away. though the explosive debate over raising the debt ceiling in the weeks ahead gives boehner a company a new opportunity to change the sour taste republicans have over this weekend's deal. >> it runs up the long-term debt. you people that are kicking the can, give me the can. because what we are going to do is draw a line in the sand. and start demanding
objection, a motion to reconsider is laid on the table. >> but the fiscal fight is not over. president obama offers tough talk over his next battle with congress, raising the nation's debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> while markets react positively to the fiscal cliff deal, and wall street is poised for a big day. but how else will the agreement affect your wallet? >>. >>> and a rose parade reunion. an american soldier home from afghanistan surprises his family in front of thousands of spectators and millions watching at home. captioning funded by cbs >>> this is the "cbs morning news" for wednesday, january 2nd, 2013. good morning, everyone. i'm terrell brown. >>> the economy avoided the fiscal cliff but just barely. the house late last night passed the senate bill that avoids the tax hikes and spending cuts expected to start this year. they raised the incomes of those over $400,000. it raises taxes on the portions of estates that exceeds $5 million, long-term unemployment bene
that folks are dissecting what this means for the deficit and debt. we are on to the next round. president obama, first off said that he refuses to have a debt ceiling fight with congress. it's really up up to congress because it's congress that passes an increase and republicans have a very different view on that. we have already started the debt ceiling fight a few minutes after the congress has passed a fiscal cliff deal. on top of that coming here from the president about the next round on deficit reductions, saying that he wants to have the wealthiest corporations and individuals take advantage of fewer tax loopholes. he asserted that his rate increase and now he wants to deal with loopholes and deductions. he says that he wants more spending and investments at the white house calls it on infrastructure and research and development and pretty much the same fight we have been having over and over again for the last four years. the president outlined his position. not really anything new. republicans have been outlining their position. mitch mcconnell is out with a statement saying that
for everyone in tax increases. the next step is to trillion dollars from obama that he needs to propose on spending cuts. that's one of the reasons it went down to the very last minute, one of the reasons that had to go to the senate because democrats did not impose gentlemen reforms. it's all moving to the conclusion. gerri: it's not something they are long gone. i have to tell you. of watched for a long time. they seem to be more interested in paying off friends and cronies and anything else. >> the only when there was joe biden. gerri: that's really true. >> i think the president and democrats, all of them really will the republicans, at thing that's hard to argue. >> i would totally agree. gerri: that is pretty strong stuff. well, stick around. are coming back after the break in the last you all about the next chapter in the soap opera that is washington d.c. stay with us. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your ban
obama warns us he doesn't want to go to the brink in the next fight over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >>> the budget deal boosts asian stocks in hong kong and australia hitting 19-month highs in the first trading session of the year. >>> european equities also share a deal out of washington despite more gloom from the eurozone. manufacturing has continued to contract according to the latest pmi. >>> okay. 2013, a warm welcome to viewers of "worldwide exchange." my special families to a family called the wards. thank you for hosting my family over the new year. personalities out of the way, eurozone, still looking glum despite the market reaction to the fiscal cliff deal this morning. to recap, the eurozone december following manufacturer pmi, 46.1, the flash was 46.3. the final output index, 46, weaker than the 46.1 flash, 46.1 in december. and the november number for orders 44.2. the eurozone in sort of the slowdown in the eur
. is your next act? i think that puts president obama on weaker foot goinging forward in weeks and months ahead. >> steve moore thank you very much. before i go, charles, final word? >> obama announced he's not here to destroy or undo entitlement statement state he's in favor of it and that is where he's going to stand. >> thank you very much. a busy first day of 2013. the fis clal cliff legislation is passed and we may not say those two words again, fis skal cliff but there will be other words we use to describe whatever sit we're pushing up against here. washington will do this again. we've talked about tonight. and we'll be here in washington to cover it for you. on fox news channel. thank you very much for watching our special coverage of this night and over the past two days. bill o'reilly's special is already in progress. and we'll join that next. good night from washington. >> >> the talking points memo this evening, all of us, all of us need to wise up and fast. you may have heard the story of new york city police officer lawrence deprimo, who spent $100 of his own money to give
from the house, some lawmakers argue it is setting the stage for even more work to come in the next few weeks. meanwhile, president obama urging both parties to find a better way to work together. >> we set up three more fiscal cliffs. we're gonna have to deal with the debt ceiling, we're going to have to deal with the continuing resolution expiration and we're going to have to deal with the sequester. and all that's left is spending cuts. dism the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans. >> now, despite the agreement, another battle is looming. in february congress will have to decide on raising the country's borrowing limit. >>> and after days of dealing with fiscal cliff negotiations, president obama is on his way back to hawaii to finish his vacation. the president left late last night. the obamas began their annual end-of-the-year vacation on december
tonight, a mountain of new regulations coming our way next year thanks to congress. we'll break it down. president obama promised to end crony capitalis. how is he doing? we'll have a report card. gerri: brace yourselves for a tsunami of new regulations on the way. a study finds new regulation still under review by the obama administration could cost $106 billion before the end of the year. the biggest culprits? the epa and the energy department. here to explain the director of regulation policy for the american action for. sam, welcome. i want to start with this $106 billion number we were talking about in the break. this is a lot of money. so $106 billion. these are rules that are still being written that were supposed to go into place sometime this year. this as the laws not already on the books, this is at is coming. tell us about that. >> correct. for example, there are 25 economically significant regulation at the white house now, that is regulations with a economic impact of $100 million or more. some are rules under the affordable care act, menu labeling rules, rules for vending
the politicians do? they move down the old food chain says my next guest, and that means moving down to you. >>guest: they do. obama said that the other night with the pep rally when he said if republicans think this is the last of the revenue measures they have another thing coming. this is obama who said he was not going to raise taxes on anyone making under $200,000. he now has raised taxes on 80 percent of the american public. >>neil: you are talking about the payroll tax, holiday expiring. >>guest: that counts. >>neil: people out what we are liking to see. obviously we have a lot more will to spend than anything else but so pay for that you have to get more money proposed. >>guest: right, but what will happen ironically and now republicans are complicity in this, we are actually going to see revenue for that upper income tax bracket go down. when you raise taxes on an segment of income, the tax revenue constricts. reagan showed us when you lower it, even significantly, you will see a significant increase in what the government gets back. we are headed in an implausible direction where
anything in their power to make sure president obama would win back the white house. and as a result, my next guest says that 2012 was the end of the world for professional journalism. joining me now to explain why is the president of the media research center. sir, how are you? good to see you. appreciate you being with us. why? >> i think any serious journalist should be looking for a different career right now. rather than work at one of the networks or work for the new york times, work for the washington post, they have surrendered all semblance of objectivity. they don't even try to go into that direction. in 2012 there were a couple things we have never seen before. one was the suppress of news where they actually sensorred news. news that we know about because we might watch fox news. if you watch abc, nbc and cbs you didn't know about fast and furious or benghazi. you didn't know about so many of the scandals. that's one. the other one was cooking the books. they were actuall editing footage. they did it to mitt romney and made him look like an i idiot. they did it to george zimm
up, their anger for half a day will be aimed at boehner and for the next four years will be aimed at obama and the democratic white house, and that's where obama has a problem. he's now got four years of people fighting against his spending increases. >> finally, how do you score the split between paul ryan, john boehner, you know, on one side and marco rubio, cantor on the other side of this whole debate? >> false dichotomy, all the republicans wanted all the tax cuts prepared, saved, and all the republicans wanted spending restrai restraint. i understand both the republicans who voted for this deal took a lot of bad things off the table, a lot of damage obama could have done in the economy, was stopped in the future, and also people said no, to heck with it, it's not everything we want, and they voted no. from now on, they are united against the president's increased spending and the president's efforts to increase taxes, as well. >> grover norquist, i think this is not the last battle. not the last battle. >> it's the beginning. >> thank you very much. >>> coming up next on "an
kardashian and kanye west and donald trump. i would agree with those.. >> i wouldn't mind living next to honey boo boo. >> we asked our facebook friends which they would like to live next to. we received rgiiis and president obama. >> once again, kim and kanye. are they sick of them? >> too much going on. >> all right. new research suggest women out live -- suggest that women out live men by 7 years. so listen up. we are learning five tips to help men live healthier happier lives and get those years back. >> speaking of starting the new year off on the right foot, holly is showing the exercise trend to keep you motivated and in shape. we'll be right back with that and more. >> reporter: looking good. you are loving it . you know it. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> busy day here. continuing to cover breaking news popping up around the region. we're now following developments where two
head into early next week. no signs of any major rain or snow storms, at least not for the next seven days. >> that is great, especially for the redskins game. we are waiting on president obama to speak about the fiscal cliff deal. if it happens, we will bring it to you live. speaking of redskins, the cowboys will focus on another team from texas. >> we do not talk much about basketball for obvious reasons lately. the wizards were at work. another dallas showdown in dc. another big day for one local quarterback. >> tonight, we have done that thanks to the votes of democrats and republicans in congress. i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle-class tax hike that could have sent the economy back into recession and had a severe impact on families across america. i want to thank all of the leaders of the house and the senate. in particular, i want to thank the work was done by my extraordinary vice president, joe biden, as well as leader harry reid, speaker boehner nancy pelosi, and mitch mcconnell. everybody worked very hard on this
it was just a first step and it means in the next couple of steps they will be that much more difficult. >> the stock market surged as wall street reacted. late last night congress finally sent president obama legislation. >> this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. >> but at one point it looked like the deal could fall apart. >> there is some on spending cuts and we are adding to the debt. >> what we are doing is raising taxes to give the president more money to spend. >> some republicans were pushing to john boehner to add spending cuts but there weren't enough votes to get it passed. so they extended tax cuts for all workers for all those under $400,000 and extended unemployment benefits for some two million people. but the payroll tax expired so increase on salaries by 2% every worker up to $110,000 a year. then the stuff it didn't do. congress set up new ones, in just two months they will need to deal with the automatic spending cuts and nasty fight over the debt ceiling. last night president obama declared he
to be addressed within the next two months. they hope that goes a bit more smoothly. president obama asked lawmakers to do so with a little less trauma. no word yet on when a new law will be signed. he has left to return to his vacation in hawaii. victims of superstorm sandy will have to wait for the next session of congress to see if they'll get billions of dollars in federal aid. the house adjourned without voting on the 60-billion dollar relief legislation. the senate had already passed the bill. but with new members of congress being sworn in this month, the whole process will have to begin again. lawmakers say negotiations over the fiscal cliff took too long and didn't leave time to debate sandy relief. good afternoon. the lieutenant governor of the event she says as a former professor she is so happy to see what she calls the movement of history in this area. she is urging residents statewide to support illinois and become the 10th state to legalize gay marriage. as well as jesse tyler ferguson from the hit show modern family. they can to say that we are more alike than we are diffe
for you and what's next. >>> we have a packed show ahead, join by jen psaki, president obama's traveling press secretary, economist diane swonk and margaret hoover who served in the bush white house, john avlon with the daily beast, and irving pinsky. >> good morning, i'm brooke baldwin, a special fiscal cliff addiction, we're over it, "starting point," roll it, starts right now. here we go, full table, our panel today we have mr. richard saccharides, former adviser to president clinton, chrystia freeland, thompson reuters and welcome will cain with a tie, we've all been talking about it at the commercial. >> new year. >> court date. >> christine romans joining us here at the table as well. welcome, everyone. >> welcome. our "starting point," back from the fiscal abyss, in detox from our fiscal cliff addiction as the case may be. tens of millions of taxpayers and small business owners exhaling. the house passed the senate bill that temporarily brings us back from the depth of that cliff. the final vote 257 for, 167 against and you might be interested to know this, house speaker john boeh
of us and what happens next? karen travers tries to explain. >> reporter: the stock market surged this morning. late last night congress finally spent president obama legislation. >> this law is just one step in the broader effort to strengthen our economy oar at one point it looked like the deal could fall apart. >> there's no spending cuts. we're adding $4 billion a day to the debt what we're really doing is raising taxes to gift president more money top spend. >> reporter: some republicans were pushing house speaker john boehner to add new spending cuts, but ultimately, there weren't enough votes to get that passed. so the house approved the senate measure. it prevent as tax hike on estates less than $5 million and extends unemployment benefits for some 2 million people but the payroll tax could expire, which means an increase on salaries by 2% for workers earning up to $110,000 a year. then stuff the bill didn't do. to avoid this fiscal cliff congress set up new ones. two ones they will have to deal with the automatic spending cuts. there lab nasty fight over the debt ceiling.
to come in the next few weeks. president obama is urging both parties to find a better way to work together. >> the problem is we set up three more fiscal cliffs. we're going to have to deal with the debt ceiling, going to have to deal with the continuing resolution expiration and going to have to deal with a sequester. and all that's left is spending cuts. >> the one thing hopefully in the new year is seeing if we can put a package like this together with a little bit less drama. a little less brinkman ship. we can come together as democrats and republicans. >> despite the agreement, another battle is looming. in february, congress will have to decide on raising the country's borrowing limit. another hot button issue, the payroll tax. this is the money you pay towards social security. the rate will go back up to 6.2% up from 4.2%. that means the average household earning $50,000 a year will see $1,000 less in their paychecks each year. and $110,000 a year they will see $2200 less each year. that could trigger a slower growth period for the u.s. economy. >> for more on the back and
has been torn apart. >> now we are looking ahead to next year. looking ahead to see what president obama can accomplish in his final term and whether lawmakers in congress can find a way to work together for the good of us all. we are also keeping a close eye on the economy and the situations in syria and egypt. a lot of uncertainties ahead. and we will be here covering all the news as it happens. in new york i'm shepard smith. fox news. >> rick: thank you, shep. after a day of drama on capitol hill that left americans wondering whether or not our elected officials could stir the country away from the fiscal cliff. it now looks like a compromise deal will, in fact, be sent to the president's desk for his signature. multiple reports now that the house will vote tonight on the senate bill that passed in the early hours of this morning. a lot of upset over this bill because it doesn't cut spending the way republicans would like it too. without any better options and time running out we're told republican speaker john boehner will bring the senate bill to the floor for a vote. possibly
, we'll see down the line over the next horrible months and years to come of this administration how president obama has faired, but i think he's set himself up for this ongoing craziness, as well as he could imagine. >> for you, president obama, joe biden, and the economy are winners. hard-lined house republicans, rich people, the deficit are the losers. >> i'll start with the economy. i think really that's the most important winner here. we definitely would have gone into recession if we hadn't had some kind of a deal. i think that the rich, clearly, have been hit with a higher top tax rate, but as i said earlier, i would still like to see investment income tax much higher than it is. i think it's really unfair, particularly with the structural shifts in our economy that you can make so much money by having money in the bank while people who get up and go to work every day pay the highest tax rates. >> now to mr. sunday morning, i'm going to rename mr. metta. pok poker theorists and enthusiasts, americans hit by payroll tax, true believers in both parties and poor, old john boehner
to oliver that will work as well. president obama's re-election reigniting the debate illegal immigration. would a republican shift on illegal immigration bring hispanic voters under the republican banner? manhattan institute fellow, heather mcdonald our guest her next [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right
're looking forward to giving you a we'll get you in the next segment. it isn't a secret the main stream media is protecting obama. how they helped him win a second term, that and more on this special edition of "hannity". glad you're with us. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i kn what i could save before i switched to progressive. the better i drive, the more i save. i wi our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit today. >> i think they have surrendered all semblance of objectivity. they don't even try to go into that direction. it's not 2012. a couple things we've never seen before. one was the suppression of this. where they actually sensored news. news we know bit. because you might watch fox news. if you watch awc and nbc and cbs, you didn't know about many scandals. >> that is one o
all along, which is get these tax rates raised on the rich and move on with our lives to the next thing. and they got some concessions out of obama in the end. >> bill: but if they had done this a month or two weeks ago, they could have said this is really a victory for us. having been forced into it i think makes them look disorganized -- >> you are exactly right. you had the speaker of the house and paul ryan voting one way on this bill, and you had eric cantor the majority leader and majority whip voting the other way. everything looks totally fractious -- >> they vote on thursday tomorrow, right? >> yeah. >> bill: so do you think eric cantor will take a -- take a shot -- i hate to use that phrase, or try to dethrone boehner? >> i don't know if cantor will but -- >> bill: paul ryan? >> -- there has been a conservative chorus of republicans, especially the tea party side after what happened earlier this month when boehner ousted from committee assignments, but last night -- i was watching twitter last night as this vote was going on. and erick erickson
at what he had to say. >> no republican voted for tax increase. what happened was obama had the dam cleez over the people with the tax increase over the next decade that would happen automatically. the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from some people. that'll hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> well, wait a second. i mean, we're not living in the alice in wonderland world here. there is a tax increase for wealthier americans. it's literally a tax increase. >> well, first of all -- >> rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and congress together took them down for some people, not for everybody. >> steven, does that pass the smell test? if i were to run against a republican who voted for whatever it is they just voted on and i said in 2014 my opponent voted for a tax increase, would i not be literally correct? >> you know, there are a lot of conservatives that are grousing toda
and then on friday, 38 degrees with that partly sunny sky. it looks like next weekend, well, it depends on which day you're looking at. and now it is time to take a look at president obama as he has reactions to the fiscal cliff. >> the premise for my campaign is to change the tax code that was skewed towards the wealthy at the expense of working middle class americans. and tonight, we've done that. and thanks to the votes of the democrats and the republicans and congress. and i will sign a law that raises taxes on the wealthiest 2% of americans, while preventing a middle class tax hike that could have sent the economy back in the recession and obviously they had a severe impact on families all across america. i want to thank all the leaders of the house and senate. and in particular i want to thank the work that was done by my extraordinary vice president joe biden as well as leader harry reid, speaker boehner, nancy pelosi and mitch mcconnell. everybody worked very hard on this and i appreciate it and joe once again i want to thank you for your hard work. under this law, more than 98% of the ameri
make up his mind. he would make a decision and reverse it the next day. he was up until 3:00 in the morning debating them. president obama doesn't work that way. he gets the opinions and hearing them out and has a sense of what the time frame is to make a decision and makes a decision. they are different in the style. that's why the bill clinton white house was frequently chaotic and whatever you want to say about the barack obama white house. it's not chaotic. >> sort of followup to the question. but to your response, if she's a bridge builder and bridge builders sometimes do better behind the scenes but less than in the front how does it jive with maybe a president who is isn't necessary a bridge builder but needs to be a leader if she a more capable leader or more capable bridge builder? i don't think we know the answer to that question yes. if we look at different model of the presidency fdr began being a consensus president who tried to create bipartisan and 1934 the rememberty league started and people become partisan in the political response. and he became himself
that you know, and ask me the next one, please. [laughter] >> would you be upset if president obama compromised too much with the republicans in order to avoid going over the fiscal cliff? >> oh, yeah, i would be, yeah. i'd be -- i'm, you know, i think it's remarkable that right after the election we get this thing that comes right up in our faces that, basically, outlines in bold relief the differences in the two ideas about how we go forward in this country. it's really excellent timing, and i think that we may have to go over the cliff, you know? if it's forced into it. but this, you know, this idea that you, that you bring down the cost of medicare by making it unavailable to more people -- [laughter] is a terrible idea of mr. boehner's. and the idea of -- i would be terribly upset, along with many of my friends, if obama compromised too much on what needs to happen that's called the fiscal cliff. please, carry on. [laughter] >> do you think that a prominent third party would help our country? >> i certainly felt strongly about that when i supported john anderson in '79. and he
is done and the next fight is already set, america. president obama and speaker boehner are sharpening their knives. fair and balanced debate moments away with tucker carlson and alan colmes. arthel: looking forward to it. my new hearing aids instantly changed my life - i feel so much younger. my husband has his confidence back. and he can enjoy the laughter of our grandkids again. i can have fun with my friends again. feeling isolated? ready to reconnect? the aarp hearing care program provided by hearusa can help. call hearusa at ... for a free hearing check-up. plus, receive a free $50 dining card when you get your free hearing check up. aarp members receive a 20% discount on breakthrough hearing aids. call now, and you'll even get a free 3-year supply of hearing aid batteries with your hearing aid purchase- a $100 value. the aarp hearing care program provided by hearusa comes with a 100% satisfaction guarantee. call hearusa at ... and start loving life again, today. arthel: good to see you on this tuesday morning, wednesday morning. the new york newspaper that published names and a
soccer players. >> well, you know, tracy, took 20 minutes for the next fight to start. the bill passed, a temporary heal for the fiscal cliff, and 20 minutes later, president obama came out and made remarks on the debt ceiling. that's right, the next fight coming up here in washington, and when it comes to raising the debt ceiling, as the president puts it, he's not playing any games. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they already wracked up through laws they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. >> now, the president may not want another debate, but he's now in the middle of another debate. we spoke with a spokesperson for house speaker john boehner who says the speaker's position's clear. any increase in the debt limit must be matched by spending cuts or reforms that exceed
with her voters about these entitlement programs. how they're going to cripple the country over the next 20 years. but barack obama can't be that way anymore, can he? because his trump card has been taken off the table. >> he has to think about his legacy as president, and this is going to be it. one way or the other, for better or worse. even by the end of his presidency, this country will be on the trajectory which is sustainable which is going to mean higher economic growth, mean things like corporate taxation reform, free trade policies. it's also going to mean massive entitlement reform. either we're going to be on that trajectory or i think probably or quite possibly before the end of obama's presidency, we're going to wake up one day and the international markets are going to hammer us. >> they are. >> we're going to force interest rates to go up which will push this country back towards recession. quite honestly, he at some point has to frame this conversation. what worries me, joe, is we now have these votes coming up in two months. this is not the context in which you want to star
, johnson and johnson. the dependent on technologies that come from israel. they're deeply dependent. obama seems to think that the the tips is more important in israel or turkey is more important. israel is the most important technology force in the world next to the united states, and if we keep on our current path israel will be number one. lou: always good to talk with ink that will help? the m" i on the >> in october 2009, taliban fighters attacked an outpost with just 53 troops.. eight of our troops lost theirs lives that day. the author wanted answers on why our troops were left unprepared and unprotected. he joins me next to talk about for singing definitely dry mouth has been a problem for me. but i'm also on a lot of medications that dry my mouth out. i just drank tons ofater all the time. it was never enough. i wasn't sure i was going to be able to continue singing. i saw my dentist and he suggested biotene. it feels refreshing. my mou felt more lubricated. i use the biotene rinse twice a day and then i use the spray throuout the day. it actually saved my career in a way
the debate. the first debate. won by romney. the way i was looking at it. obama is not doing bad. not doing great but basically you got to knock out the champ to beat him. it didn't see a knock-out. all my friends like sean hannity, i sit next two on twitter and they're scoring the debate minute by minute, everything going on in social media. in that case, romney was the winner. that's true with fundraising. each campaign raised $1 billion. how much money is that? for what? >> andrea: how could you think that obama was doing just okay job? just h -- >> juan: i thought he was doing fine. >> andrea: the only person in the world. i wish you for my math teacher in high school. >> greg: mitt lost. like talking about the game won by the last place team. it doesn't matter. >> eric: not surprised this is the big story. >> juan: how many hours did we spend talking about the election? >> eric: hours. >> juan: thank you. >> andrea: give him a mulligan. do another one. eric, what about you? >> eric: my favorite story, i don't why, but the red bull, the guy who jumped out little space -- there it is. bo
an election. i remember the debate. the first debate. won by romney. the way i was looking at it. obama is not doing bad. not doing great but basically you got to knock out the champ to beat him. it didn't see a knock-out. all my friends like sean hannity, i sit next two on twitter and they're scoring the debate minute by minute, everything going on in social media. in that case, romney was the winner. that's true with fundraising. each campaign raised $1 billion. how much money is that? for what? >> andrea: how could you think that obama was doing just okay job? just h -- >> juan: i thought he was doing fine. >> andrea: the only person in the world. i wish you for my math teacher in high school. >> greg: mitt lost. like talking about the game won by the last place team. it doesn't matter. >> eric: not surprised this is the big story. >> juan: how many hours did we spend talking about the election? >> eric: hours. >> juan: thank you. >> andrea: give him a mulligan. do another one. eric, what about you? >> eric: my favorite story, i don't why, but the red bull, the guy who jumped out lit
oklahoma said. we'll see how the next debates go. they're certainly looming ahead. >> we were talking about president obama in his speech last night he says he won't negotiate those. the republicans can still hold this up in the house. >> i think it's kind of what grounds -- where the battle lines will be drawn. i think what the president says, i don't want to negotiate or don't think the deficit reduction or extending the debt ceiling is the proper policy tool to negotiate spending cuts. where the fundamental difference is here is the size and scope of government. i think the president has to come forward with some spending cuts, hopefully finding middle ground. i think we've seen some steps on the tax fronts. chairman camp was right on that regard. i hope we don't get back into the debt ceiling debate although we may. >> when is that supposed to happen if not in this nerkt rou -- next round of negotiations on the debt ceiling. >> you have the sequester two months ahead and clearly kicked the can down the road. you have a lot of windows to discuss spending cuts other than rai raising ting
hard. but we said from the beginning the democrats and obama had more leverage coming out of the elections than republicans out of the 2010 elections. it was almost inevitable they would have to cave to some degree. melissa: what about this next fight over the debt ceiling? do they final have some leverage? they have given in on tax hikes. the wealthy are getting soaked. we're moving on. now they have the debt ceiling. do they have leverage now? >> yeah, they have leverage but i don't think you will see big enough cuts. the american people will lose here. the tax increases will be minimal. now democrats purpose now to minimize the spending and enlightment cuts. so i think we get a couple trillion out of what will be another 12 to 15 trillion added to the definite deficit next 10 years it is not going to be enough. melissa: jonathan, what do you think?. >> entitlements are the core of this problem. poe lit toes on both side of the aisle said time and time again. they haven't been up to the. i doubt they will be touched in any serious way. you're seeing longer term trends, g
obama in november. the payoff, millions of dollars of tax breaks for making movies. that was in the fiscal cliff deal. next stuart: a big rally for the market. we are playing great music. america looks more and more like greek. just like europe. charles, you think this fiscal cliff deal is a huge drag on the economy. >> jpmorgan just came out with numbers. they say it is a 1% drop. that is 125 billion. that shocks me. that is a tax on anyone that goes to work. life and death to so many americans. i am completely shocked that the president gave obama. when you have to spend, spend, spend, spend, it has to come from somewhere. >> it is one percentage point slower growth. stuart: i have a lightning round. the new york post reported this morning that lisa jackson resigned because she thinks president obama will approve a keystone pipeline. how about that. >> that is true. that is why she resigned. the keystone is a major job creator. the gulf of mexico is a big deal. stuart: i am interested and we made it this pipeline according to the new york post. >> the president is
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